Q. My wife quit her federal government job but did not know at age 62 she would be entitled to an annuity. We have since applied for her annuity. She had worked approximately 17 years. She is 63 years old, and we have applied to OPM. Will they back pay her from age 62?
Browsing: Deferred annuity
Q. I was told to separate and postpone my retirement to avoid the penalty. I am 58 years old, and will have 16 years at the Defense Department. How does the annuity work? Is it an annual payment or monthly? What is the difference between postpone and defer? Do I submit my intentions to the HRC CPAC when I submit for separation?
Q. I am 46 years old with 27 years of civil service. I would like to retire now under FERS. How does this affect the FERS base annuity and FERS supplement? My MRA is 56 years old, plus 10 months. How much of a reduction will I receive?